ICL Completes the Issuance of 15-year Debentures, With an Interest Rate of 2.4%

TEL AVIV, Israel, Dec. 31, 2019 /PRNewswire/ — ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today that it completed an offering of NIS 380 million of its Series G debentures (“Debentures”) to Israeli investors. The Debentures are rated ilAA by S&P Maalot. The offering was oversubscribed, with offers exceeding NIS 1.3 billion, more than three times the amount issued by the Company. The Debentures will be listed for trading on the Tel Aviv Stock Exchange (“TASE”).